Bogotá will host the third P4G Summit, a meeting focused on sustainable economy

Bogotá will host the third P4G SummitPhoto: International Relations of Bogotá's Mayor's Office
From left to right, Fernando Páez, director of WRI Colombia; Paola Buendía, executive vice president of ANDI; Elizabeth Taylor Jay, deputy minister of multilateral affairs; Luz Amparo Medina, district director of international relations.
Publicado:
15
Sep
2023
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Bogotá, the capital city of Colombia, continues to establish itself as a hub for world-class gatherings. This Thursday in the Colombian Ministry of Foreign Affairs, was announced the third P4G Summit 'Colombia 2023' (Partnering for Green Growth and the Global Goals 2030), which will be held on September 22nd and 23rd at the Grand Hyatt Hotel in the capital.

P4G is an initiative funded by the World Resources Institute (WRI) and supported by Denmark, theNetherlands, and the Republic of Korea. It involves countries such as Colombia, Ethiopia, Kenya, South Africa, Indonesia, and Vietnam, and its goal is to foster pioneering partnerships and alliances in different markets of developing countries, to contribute to the development of sustainable and resilient economies through its platform. Additionally, the initiative invests in inclusive and tangible solutions, in alignment with the Paris Agreement and the United Nations Sustainable Development Goals - SDGs.

The event was attended by Luz Amparo Medina, the Director of International Relations for the Mayor's Office of Bogotá; Elizabeth Taylor Jay, the Colombian Deputy Minister of Multilateral Affairs; Paola Buendía, the Executive Vice President of ANDI; and Fernando Páez, the Director of WRI Colombia.

"Bogotá competed to become the host of the Summit. The Ministry of Foreign Affairs launched a call in different cities to attract and organize this event. We won because Bogotá has a lot to share not only with Colombia but with the world, thanks to the initiatives led by Mayor Claudia López during her tenure," stated Luz Amparo Medina.

The Summit will bring together world leaders, international organizations, financial institutions, entrepreneurs, investors, and civil society to foster dialogues that facilitate innovative partnerships in support of the implementation of the SDGs. Furthermore, it aims to enhance policy and financing mechanisms to scale up early-stage businesses, showcase emerging partnerships and ventures ready for investment in low- and middle-income countries, and strengthen collaboration between industries and the public and private sectors to assist countries in meeting their climate and development objectives.

Mayor Claudia López will participate in the opening of the Summit and the " High-level Panel on ​Innovative Climate Finance," scheduled for Friday, September 22nd. Additionally, she will lead the virtual mayors' summit, which will include mayors from Malmo (Sweden), Montevideo, Santiago de Chile, Buenos Aires, Cuenca (Ecuador), and a representative from the Energy Committee of the City of Cape Town (South Africa). This forum will serve to agree on effective actions to strengthen partnerships among multiple stakeholders promoting inclusive green growth.

The Director of International Relations for Bogotá spoke about the city's commitments and advancements in recent years, stating that "there has been a significant emphasis on environmental sustainability and inclusion. Bogotá has developed a strong international presence in recent years, which aligns with these local development goals. The Climate Action Plan, specifically in its decarbonization and circular economy components, is focused on building alliances."

On the other hand, Fernando Páez, the Director of WRI Colombia, remarked, "Expectations are high for this Summit. WRI, as the custodian of the P4G platform, extends special thanks to the national government, the Bogotá administration, and ANDI for organizing this pivotal event. Our organization is technical and global, aiming to establish links between environmental preservation, economic opportunities, and human well-being. Undoubtedly, through the platform, we seek to promote entrepreneurship and actions that are emerging to provide climate resilience-focused solutions."

In its commitment to elevate the role of local governments, Bogotá undertook significant efforts to confirm and engage various international representatives at the Summit. As a result, several prominent figures from around the world will be in the Colombian capital, including In-Keun Lee, Director-General of the Office of Climate and Environment in Seoul (Korea); Claudio Orrego, Governor of Santiago de Chile; Cristian Zamora, Mayor of Cuenca (Ecuador); and Rodrigo Ravena Rodrigo, Secretary of the Environment of São Paulo (Brazil).